What are utility scale batteries?

Utility-scale batteries (also called grid-scale batteries) are large-scale Battery Energy Storage Systems (BESS), designed to store and supply electricity at the grid level.

Domestic batteries, such as those used in homes for solar energy storage, typically have capacities ranging from 5 to 20 kilowatt-hours (kWh), enough to power a home for a few hours or more depending on consumption. In contrast, grid-scale batteries are much larger, with typical sizes ranging from 1 MWh to over 100 MWh, capable of storing and releasing much larger amounts of energy.

Trading companies or utilities may take advantage of BESS’ fast response time to compensate for any imbalances within their own generation or demand portfolios, to do arbitrage on the Day-Ahead or Intraday markets or to provide ancillary services to the grid.

KYOS Software models and Advisory

Our software model KyBattery supports market players with energy storage valuations, allowing to forecast revenue streams coming from all of these markets and products. The model uses advanced stochastics including Least Squares Monte Carlo techniques to capture the full flexibility of energy storage.